$4,750 Closing Credit*
$400,000
904 SqFt
2 Beds
•1 Full Bath
Tyler Combs, Listing Office: Rarebird Real Estate
Is Arbor Lodge, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Arbor Lodge was a Seller's Market.
Key Takeaway
Arbor Lodge is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Arbor Lodge, OR
How much do homes in Arbor Lodge, OR cost?
Median Sold Price
$486,500
$300/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$58,634(-10.8%)
Key Takeaway
Homes in Arbor Lodge have sold for 10.8% less than they did a year ago.
Summary: The median home sold price in Arbor Lodge was $486,500 in October 2024, down 10.8% from last year, and the median price per square foot was $300.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $222.4K | $265K | +19.1% |
| 2 Bedrooms | $410K | $351.8K | -14.2% |
| 3 Bedrooms | $585K | $554K | -5.3% |
| 4 Bedrooms | $685.7K | $649K | -5.4% |
| 5+ Bedrooms | $718K | $600K | -16.4% |
Summary: Arbor Lodge housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.1%, 2 bedroom homes decreased by 14.2%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes decreased by 5.4%, and 5+ bedroom homes decreased by 16.4%.
Housing Supply in Arbor Lodge, OR
How many homes are available in Arbor Lodge, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 29 | 26 | -10.3% |
Summary: The Arbor Lodge real estate market had 26 homes for sale in October 2024, a 10.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 10 | 12 | +20.0% |
| 3 Bedrooms | 8 | 4 | -50.0% |
| 4 Bedrooms | 6 | 4 | -33.3% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Arbor Lodge housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 3 | -57.1% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Arbor Lodge, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Arbor Lodge in October 2024, down by 57.1% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Arbor Lodge, OR
How long does it take to sell a home in Arbor Lodge, OR?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 57 Days | 90 Days | +56.3% |
Summary: Homes in Arbor Lodge had an average of 90 days on market in Oct 2024, up by 56.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Arbor Lodge are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 3 homes were sold in Arbor Lodge; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
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Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.